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Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
FNCL
PRCD
LGEN
Legal & General Group PLC£400
1EMEA
Nov 7, 2018
currency
GBP
size (m)
400.000
maturity
Nov 14, 2048
type
Fixed
tenor
30.000
call
-
registration
Reg S Only
benchmark
G
ranking
-
moody's
A3
s&p
BBB+
fitch
-
size description
-
re-open/tap
No
ipt
G+385-390
ipt-pxd
-
guidance
G+370-375
spread
365
coupon
5.125%
spread set
-
price
99.58300
yield
5.179%
book size (m)
2,200
peak book (m)
-
x-covered
5.5
book attrition
-
nic
-
billing & delivering
-
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
2,200
peak book (m)
-
x-covered
5.5
book attrition
-
nic
-
billing & delivering
-
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
30 yr: Book size: 2200; Redemption: 2028-11-14; Registration: Reg S Only; Comments: GBP400m bmk 30NC10 Tier 2. A3/BBB+. BNPP(B&D/DM)/Lloyds/NatWest/RBC/Santan/SG. IPTs UKT1.625% 2028 +385/+390, guidance +370/+375 for 400m, tbp +365. Books closed >2.2bn. Gilt 100.886 mid, HR83%. FTT 4.40pm (Source: IFR);
Deal Comments
Tier 2

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